Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with a healthy CAGR of 4.6%.The power transformer market grew by 4% year on year in 2021, owing to increased efforts to incorporate modern energy solutions into existing power systems and high demand for …
Monthly Archives: August 2022
Walk-In Coolers And Freezers Market Is Projected To Register A CAGR Of 5.6% From 2022-2029
The global walk-in coolers and freezers market is estimated to be worth around US$ 9.52 Bn in 2022. With rising trend of installing customized walk-in coolers and freezers, the overall market is projected to expand at a robust CAGR of 5.7% between 2022 and 2029, reaching a valuation of US$ 14.05 Bn by 2029. Consumer acceptance of frozen and processed foods, as well …
Machine Tool Touch Probe Are Likely To Grow At A Growth Rate Of 3.1% By Volume Over The Assessment Period Of 2022-2028
The global machine tool touch probe market is expected to grow by 3.6 percent year on year in 2022, reaching a value of approximately US$ 615.1 Mn by the end of 2022. Machine tool touch probes are widely used in grinding, turning, and milling for fast, precise, and automatic tool setting and workpiece measurement. It has the …
Global Electric & Hydraulic Wellhead Drives for Onshore Application Market Segmentation and Forecast By 2028 End, FMI
The global electric & hydraulic wellhead drives for the onshore application market was calculable to be around US$ 111.7 million in 2017 and is predicted to register a CAGR of 8.4% over the forecast. The estimated value of the international electrical & hydraulic Wellhead Drives for Onshore Application Market in 2017 is US$ 111.7 Mn, with a …
Sales Of Industrial Magnetrons Are Estimated To Reach Approximately US$ 5.82 Bn In Revenues By 2026-End
Future Market Insights’ recently compiled report projects the global industrial magnetron market to exhibit an above-average growth over the forecast period (2022-2026). Global sales of industrial magnetrons are estimated to reach approximately US$ 5.82 Bn in revenues by 2026-end. China is forecast to account for a significant share in the Asia Pacific Industrial Magnetrons Market between 2022 and 2026, reveals …
Global Gasoline Generator Market Is Estimated To Surpass A Valuation Of US$ 768.8 Mn In 2022
The global gasoline generator market is expected to be worth $768.8 million in 2022, with a healthy growth rate of 3.7 percent from 2022 to 2029. The expanding construction industry is a major driver of this expansion. The global market for gasoline generators is highly competitive, and small players in the market must compete to gain market …
Smart Building Solutions Market 2022 Expectations & Growth Trends Highlighted Until 2032
The global smart building solutions market size is anticipated to grow from US$ 59,733 million in 2022 to reach US$ 1,90,002.1 million by 2032, registering a CAGR of 12.3% during the forecast period. Need of lower operating cost, lower CO2 emissions and scarcity of energy resources are the factor which increases the demand for smart building solutions. The energy monitoring is one of the major solution …
Streaming Analytics Market Growing at a CAGR of 20.8% During the Forecast Period 2022 – 2032
Streaming Analytics Market is estimated at US$ 86.5 Billion in 2032, surge at a vigorous 20.8% CAGR during the forecast period 2022-2032. Organizations are producing vast volume of data in a myriad of format. Formerly, organizations were engaged in capturing and storing data, then used to extract insights from the data warehouse later. Now a days, …
AI Platform Cloud Service Market is to be Valued at US$ 30.5 Billion from 2022 to 2032
The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the AI Platform Cloud Service Market. Demand for global AI platform cloud services is projected to be US$ 8.3 billion in 2022 and to increase at a CAGR of 20.3% to US$ 30.5 billion between …
Alarm Management System Market is Expected to Push Sales in the Market at a 11-13% CAGR Over The Forecast Period 2022 – 2032
Alarm Management System Market : Nowadays, alarm overload has become a common issue in most manufacturing plants. The reason behind this overload is formerly integrated independent systems for effective operations with fewer operators. By 2032, it is anticipated that alarm management system sales would total US$ 2 Bn. Sales in the market are anticipated to grow …